Frequent Flyers Productions Inc

Analysis

Frequent Flyers Productions Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frequent Flyers Productions Inc reported income of $643k and spending of $709k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $583k to $643k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frequent Flyers Productions Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Summer of the Arts Inc ($643k), Lithuanian Maironis Community School of Lemont ($643k) and Civic Music Association ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $64k (9.1% of expenses). Other salaries and wages came to $164k. At year end it held assets of $212k against liabilities of $125k, net assets of $87k. It reported 10 employees.